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U.S. Fiscal Cliff Watch: No Hope For 'Less Brinksmanship' Ahead

Excerpt

"I hate to be too grim but I fear an awful fight over the debt limit that is going to terrify the people of the United States and the world," says Bob Bixby, the executive director of the Concord Coalition.

"It's clear that Republicans see the debt ceiling as a club they can use, at least as a last resort, to get spending concessions from the president. I think we are in for a very acrimonious 2013 on fiscal policy," he adds.